Claude and the Existential Threat to Palantir's Premium Valuation

Burry is Probably Right Again, but I Still Can't Buy GameStop

Bad day for Palantir? Yes, horrible! And against a backdrop that started and ended with euphoria for most stocks. With that said, Palantir remains the single-most expensive stock anywhere in SaaS (and shoutout to everyone’s favorite punching bag Gitlab - Excel auto-labeled it below the X-axis):

For now, the growth rate somewhat (arguably) matches the valuation, as it remains closer to the trendline than Cloudflare. But what if Claude is about to completely derail the next 2-3 years of growth? Let’s dive in…